A rare opportunity for investors seeking secure, hands-off income. This property is leased to Kainga Ora, providing guaranteed rental payments of $30,940 p.a., with 10% retained by Kainga Ora, leaving $27,846 p.a.
After rates of $2,445.48 and house insurance of approximately $1,600, your net income is around $25,400 per year.
Set in a quiet cul-de-sac, close to schools, amenities, and transport, this low-maintenance, high returning investment offers peace of mind and reliable returns. Constructed of solid materials, this brick and tile home is built to last. Do the numbers – investing in this property should easily beat your returns with the bank.
Features:
• 2 bedrooms, 1 bathroom
• Solid brick construction
• Sunny garden front to back
• One living room flowing to the garden
• Quiet cul-de-sac location
• Short drive to the motorway
• Minutes from the airport
Phone now to receive full details.
